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2024 Fall Accounting & Auditing Update

The Financial Accounting Standards Board (FASB) continually works with financial statement users and other stakeholders to improve accounting and financial reporting, publishing new Accounting Standards Updates (ASUs) each year to accomplish this goal.

Entities must maintain awareness of standards to ensure their accounting and financial statements comply with Generally Accepted Accounting Principles (GAAP). Our Fall Accounting & Auditing Update, divided into two sessions, covers ASUs effective for 2024 financial statements and beyond.

 

Accounting & Auditing Update

Session One: Thursday, October 17, 2024

10 a.m. - 1 p.m. CT

Topics Covered:

  • Overview of recently issued ASUs, covering topics including accounting guidance, updates, and implementation observations for income taxes, joint venture formations, crypto assets, and disclosure updates.
  • Consideration of ongoing questions related to the Employee Retention Credit (ERC) and other emerging issues, including considerations related to artificial intelligence and cybersecurity.
  • Hot topics related to ethics and independence rules.

Session Two: Wednesday, October 30, 2024

10 a.m. - 1 p.m. CT

Topics Covered:

  • Frequently asked questions that arose as entities implemented the Current Expected Credit Loss (CECL) model and the impacts of changes to accounting for available-for-sale debt securities. We’ll also cover lessons learned and give examples of presentations and disclosures related to the new standard.
  • Accounting considerations in the current economic environment, including recent trends and how they may impact accounting.
  • A summary of the changes to audit, review, and attestation standards.
  • Learning Objectives

  • Presenters

  • CPE Information

2024 Accounting & Auditing Update

Register Now

Note: Our Fall Accounting & Auditing Update will cover content similar to the spring session, just in a different format. You are only eligible to receive CPE credit for attending one A&A Update series, not both the spring and fall sessions.

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The information on this is provided solely for general educational purposes only and does not create a binding business or professional services relationship. Because business practice, business trends, technology, and governing laws and regulations vary by location, compliance with such standards depends on each individual's particular circumstances.

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